Chatham Lodging Trust's (CLDT) "Buy" Rating Reiterated at Stifel Nicolaus

Key Points

• Stifel Nicolaus reiterated its “Buy” rating on Chatham Lodging Trust and raised its price target to $15.50 from $15.00, implying approximately 9.75% upside.
• Analyst sentiment remains moderately positive: three analysts rate CLDT a Buy and three rate it a Hold, producing a consensus “Moderate Buy” rating and an average target price of $13.75.
• Chatham Lodging Trust reported quarterly EPS of $0.13, exceeding the $0.11 consensus estimate, while revenue of $87.8 million also topped expectations; institutional investors own 88.37% of the stock.

Chatham Lodging Trust (NYSE:CLDT - Get Free Report)'s stock had its "buy" rating restated by equities researchers at Stifel Nicolaus in a report issued on Friday, Benzinga reports. They currently have a $15.50 target price on the real estate investment trust's stock, up from their previous target price of $15.00. Stifel Nicolaus' target price would suggest a potential upside of 9.75% from the company's current price.

Several other equities analysts also recently commented on CLDT. Alliance Global Partners reaffirmed a "buy" rating on shares of Chatham Lodging Trust in a research note on Tuesday, August 4th. Weiss Ratings raised Chatham Lodging Trust from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday, October 8th. Wall Street Zen upgraded Chatham Lodging Trust from a "hold" rating to a "buy" rating in a report on Saturday, August 15th. Finally, Zacks Research lowered Chatham Lodging Trust from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, August 12th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $13.75.

Chatham Lodging Trust Price Performance

Chatham Lodging Trust stock opened at $14.12 on Friday. The stock has a market cap of $659.26 million, a price-to-earnings ratio of 11.43 and a beta of 1.11. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.28. The business has a 50-day simple moving average of $13.24 and a 200 day simple moving average of $11.90. Chatham Lodging Trust has a 52 week low of $6.08 and a 52 week high of $14.20.

Chatham Lodging Trust (NYSE:CLDT - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The real estate investment trust reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.02. The firm had revenue of $87.80 million for the quarter, compared to analysts' expectations of $82.01 million. Chatham Lodging Trust had a net margin of 4.00% and a return on equity of 1.56%. Chatham Lodging Trust has set its FY 2026 guidance at 1.280-1.340 EPS. On average, research analysts forecast that Chatham Lodging Trust will post 1.35 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. State of Alaska Department of Revenue boosted its holdings in shares of Chatham Lodging Trust by 5.6% during the 3rd quarter. State of Alaska Department of Revenue now owns 24,023 shares of the real estate investment trust's stock valued at $320,000 after buying an additional 1,269 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of Chatham Lodging Trust by 146.8% in the 3rd quarter. GAMMA Investing LLC now owns 2,335 shares of the real estate investment trust's stock worth $31,000 after acquiring an additional 1,389 shares in the last quarter. Farther Finance Advisors LLC increased its stake in shares of Chatham Lodging Trust by 102.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,856 shares of the real estate investment trust's stock worth $25,000 after acquiring an additional 938 shares in the last quarter. Sequoia Financial Advisors LLC lifted its position in Chatham Lodging Trust by 37.1% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 20,601 shares of the real estate investment trust's stock valued at $273,000 after acquiring an additional 5,578 shares during the period. Finally, WINTON GROUP Ltd purchased a new position in Chatham Lodging Trust during the 2nd quarter valued at about $213,000. 88.37% of the stock is currently owned by institutional investors.

Chatham Lodging Trust Company Profile

Chatham Lodging Trust was a self-advised lodging real estate investment trust that owned a portfolio of upscale, premium-branded select-service and extended-stay hotels in the United States. Its properties primarily operated under franchise agreements with major hospitality companies, including Marriott International, Hilton, Hyatt Hotels and InterContinental Hotels Group.

The company's hotel portfolio included brands such as Courtyard by Marriott, Residence Inn, Homewood Suites, Hampton Inn and Hyatt Place.

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